| Stock | 99.38% |
| Cash | 0.04% |
| Other* | 0.58% |
*May include dividends booked but not yet received.
Holdings Detail as of 5/17/2013 (Holdings subject to change)
| Symbol | Name |
% Net Assets |
Market Value ($) |
ISIN | Market | Sector |
Exchange Rate |
|---|---|---|---|---|---|---|---|
| BCE/PK | BCE INC 1ST PFD SER AK | 3.96 | $5,947,778 | CA05534B6796 | XTSE | Telecom Services | 1.03 |
| LLOYDS | LLOYDS BANKING GP 9.25% NON-CUM IRR PRF SHS | 3.93 | $5,896,150 | GB00B3KS9W93 | XLON | Financials | 0.66 |
| MFC/PD | MANULIFE FINANCIAL CORP MFCCN 6.6 | 3.34 | $5,006,114 | CA56501R8093 | XTSE | Financials | 1.03 |
| BMO/PP | BANK OF MONTREAL BMO 5.4 | 3.03 | $4,546,934 | CA0636717476 | XTSE | Financials | 1.03 |
| BNS/PZ | Bank of Nova Scotia 5-yr Reset Preferred Series 32 | 2.94 | $4,407,418 | CA0641496108 | XTSE | Financials | 1.03 |
| TD/PG | TORONTO-DOMINION BANK | 2.78 | $4,179,302 | CA8911457999 | XTSE | Financials | 1.03 |
| TD/PK | TORONTO-DOMINION BANK TD 6 1/4 | 2.63 | $3,945,603 | CA8911457403 | XTSE | Financials | 1.03 |
| BNS/PP | BANK OF NOVA SCOTIA BNS 5 | 2.55 | $3,823,308 | CA0641497437 | XTSE | Financials | 1.03 |
| CITSP | CITY DEVELOPEMENT PREFERRED CONVERTIBLE | 2.54 | $3,814,052 | SG1P70918864 | XSES | Financials | 1.26 |
| BNS/PQ | BANK OF NOVA SCOTIA BNS 5 | 2.51 | $3,767,861 | CA0641497270 | XTSE | Financials | 1.03 |
| 015 | OVERSEA-CHINESE-G PFD 4.2% | 2.43 | $3,651,960 | SG1O00910727 | XSES | Financials | 1.26 |
| RUSLN | RAVEN RUSSIA LIMITED | 2.43 | $3,639,974 | GG00B55K7B92 | XLON | Financials | 0.66 |
| BAMACN | BROOKFIELD ASSET MGMT INC CUM CLA | 2.27 | $3,402,942 | CA1125856411 | XTNX | Financials | 1.03 |
| PWF/PS | POWER FINANCIAL CORP PWF 4.80 | 2.17 | $3,260,404 | CA73927C7465 | XTSE | Financials | 1.03 |
| SLF/PD | SUN LIFE FINANCIAL INC | 2.11 | $3,171,799 | CA8667965013 | XTSE | Financials | 1.03 |
| NWBD | NATIONAL WESTMINSTER BK-9% | 2.02 | $3,028,036 | GB0006227051 | XLON | Financials | 0.66 |
| GACA | GENERAL ACCIDENT PLC-8 7/8% PF | 2.00 | $2,998,808 | GB0003692737 | XLON | Financials | 0.66 |
| ENB/PF | ENBRIDGE INC | 1.93 | $2,900,088 | CA29250N8659 | XTSE | Energy | 1.03 |
| PWF/PR | POWER FINANCIAL CORP | 1.91 | $2,870,042 | CA73927C7531 | XTSE | Financials | 1.03 |
| MFC/PH | MANULIFE FINANCIAL CORP | 1.91 | $2,869,676 | CA56501R8176 | XTSE | Financials | 1.03 |
| IAG/PG | INDUSTRIAL ALLIANCE- PFD | 1.90 | $2,846,499 | CA4558718066 | XTSE | Financials | 1.03 |
| MFC/PI | MANULIFE FINANCIAL CORP 4.4 % Series 9 PFD | 1.90 | $2,846,499 | CA56501R7830 | XTSE | Financials | 1.03 |
| BNS/PY | BANK OF NOVA SCOTIA BNS 3.85 | 1.88 | $2,824,448 | CA0641496363 | XTSE | Financials | 1.03 |
| EMA/PC | EMERA INC- PFD | 1.87 | $2,812,255 | CA2908765076 | XTSE | Utilities | 1.03 |
| ANLA | ABBEY NATIONAL PLC 10.375% NON CUM | 1.87 | $2,801,338 | GB0000064393 | XLON | Financials | 0.66 |
| BAM/FB | BROOKFIELD ASSET MAN PFD 4.2 SER 34 | 1.85 | $2,776,942 | CA1125856254 | XTSE | Financials | 1.03 |
| BPO/PT | BROOKFIELD OFFICE PROPERTIES 4.6 SER T | 1.84 | $2,769,098 | CA1129007664 | XTSE | Financials | 1.03 |
| TD/PS | TORONTO-DOMINION BANK TD 5 | 1.79 | $2,689,193 | CA8911456090 | XTSE | Financials | 1.03 |
| FFH/PK | FAIRFAX FINANCIAL HOLDINGS LTD SER K PR | 1.76 | $2,646,225 | CA3039018211 | XTSE | Financials | 1.03 |
| ENB/PN | ENBRIDGE INC PFD 4 SERIES N | 1.75 | $2,629,345 | CA29250N7743 | XTSE | Energy | 1.03 |
| ENB/PD | ENBRIDGE INC | 1.75 | $2,626,631 | CA29250N8816 | XTSE | Energy | 1.03 |
| RSAB | RSA INSURANCE GRP PLC 7.375% PRF | 1.61 | $2,411,320 | GB0008631391 | XLON | Financials | 0.66 |
| SAGAPREF | SAGAX AB-PREF | 1.60 | $2,403,545 | SE0001629288 | XSTO | Financials | 6.70 |
| BBYB | BICC | 1.55 | $2,333,574 | GB0000978204 | XLON | Industrials | 0.66 |
| ENB/PT | ENBRIDGE INC SER R PFD | 1.55 | $2,324,878 | CA29250N7339 | XTSE | Energy | 1.03 |
| ENB/PP | ENBRIDGE INC | 1.55 | $2,323,977 | CA29250N7586 | XTSE | Energy | 1.03 |
| ELLA | ECCLESIASTICAL INSURANCE OFFICE PLC | 1.50 | $2,257,939 | GB0003035382 | XLON | Financials | 0.66 |
| MFC/PJ | MANULIFE FINANCIAL CORP - PFD | 1.50 | $2,256,643 | CA56501R7673 | XTSE | Financials | 1.03 |
| NA/PQ | NATIONAL BANK OF CANADA 3.8000% SERIES 28 | 1.50 | $2,248,649 | CA6330673352 | XTSE | Financials | 1.03 |
| STAC | STANDARD CHARTERED PLC-8.25% | 1.42 | $2,138,372 | GB0008399700 | XLON | Financials | 0.66 |
| BAM/FC | BROOKFIELD ASSET | 1.42 | $2,131,654 | CA1125855918 | XTSE | Financials | 1.03 |
| GACB | GENERAL ACCIDENT PLC-7 7/8% PF | 1.42 | $2,126,557 | GB0003692513 | XLON | Financials | 0.66 |
| CUAA | AVIVA PLC 8.75 | 1.39 | $2,079,372 | GB0002124963 | XLON | Financials | 0.66 |
| AV/B | AVIVA PLC 8.375 | 1.37 | $2,050,144 | GB0002114154 | XLON | Financials | 0.66 |
| ENB/PH | ENBRIDGE INC PREF SHS 4% SR H | 1.36 | $2,036,228 | CA29250N8402 | XTSE | Energy | 1.03 |
| STAB | STANDARD CHARTERED-7 3/8% PF | 1.34 | $2,014,970 | GB0008401324 | XLON | Financials | 0.66 |
| FCOTSP | FRASERS COMMERCIAL TRUST | 1.17 | $1,752,254 | SG1Z54954792 | XSES | Financials | 1.26 |
| CU/PD | CANADIAN UTILITIES INC- PFD | 1.14 | $1,707,237 | CA1367176759 | XTSE | Utilities | 1.03 |
| CPX/PC | CAPITAL POWER CORP | 1.08 | $1,626,979 | CA14042M5081 | XTSE | Energy | 1.03 |
| AQNCN | ALGONQUIN POWER & UTILITIES | 0.89 | $1,333,387 | CA0158573034 | XTSE | Utilities | 1.03 |
| VNR/PA | VALENER INC- PFD | 0.76 | $1,138,997 | CA91912H2072 | XTSE | Utilities | 1.03 |
| CPBB | CO-OP BANK PLC 9.25% NON-CUM PRF | 0.61 | $916,928 | GB0002224516 | XLON | Financials | 0.66 |
| SWEDA | SWEDBANK AB - A SHARES | 0.10 | $149,961 | SE0000242455 | XSTO | Financials | 6.70 |
| -- | BLACKROCK FDS III | 0.04 | $65,308 | -- | S-T Securities | 1.00 |
